ExxonMobil and Visa Lead 16 Companies in October Dividend Increases

ExxonMobil is set to announce its 45th consecutive year of dividend growth in October 2026, with analysts predicting an increase of 4.4% to 5.8%. The company's cost-cutting measures and share buybacks have contributed to a strong recovery, with GAAP EPS rising 26% and adjusted EPS increasing 32% in the first half of 2026. The anticipated dividend growth reflects improved earnings following a period of slower growth and recent acquisitions.

Visa is also expected to make a significant dividend increase, with projections ranging from 14.2% to 16.4%. The company's robust double-digit revenue and EPS growth are key factors supporting this anticipated rise. Both ExxonMobil and Visa are among 16 dividend growth companies slated to announce their annual dividend increases in October.

The author of the article holds a beneficial long position in ExxonMobil shares, disclosing that the analysis is based on their own opinions and research. Seeking Alpha emphasizes that past performance does not guarantee future results and that no investment advice is being provided.